Fenalce Warns of Risk of Underfunding Agricultural Insurance and Requests Changes in Resource Allocation
Fenalce Warns of Risk of Underfunding Agricultural Insurance and Requests Changes in Resource Allocation The National Federation of Cereal, Legume, and Soybean Growers (Fenalce) is requesting that the Ministry of Agriculture adjust the allocation of resources for the Agricultural Insurance Incentive (ISA). Fenalce argues that the current system does not consider the distinct planting calendars of crops in different regions, leading to the early depletion of funds. This situation, which occurred in the first half of 2026, puts producers of crops like corn, soybeans, and beans at risk, as they begin their production cycles later in the year. Fenalce proposes several measures, including programming resources based on planting windows, defining strategic crop criteria, and creating regional or crop-specific funds to ensure more equitable distribution.
- Fenalce has requested the Ministry of Agriculture to adjust the resource allocation for the Agricultural Insurance Incentive (ISA).
- The current allocation model does not account for regional differences in crop planting calendars, leading to early depletion of funds.
- Producers of corn, soybeans, and beans are particularly affected as their planting cycles occur later in the year.
- Fenalce proposes programming resources based on planting windows, defining strategic crop criteria, and creating regional or crop-specific funds.
- These changes aim to ensure the incentive is available when needed and to provide more equitable access for producers.
- Failure to implement these changes risks premature exhaustion of ISA resources in the second half of 2026, compromising climate risk management and food supply. https://www.elcolombiano.com/negocios/fenalce-alerta-riesgo-recursos-seguro-agropecuario-2026-PE36456009
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